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Entrepreneur?
An entrepreneur, a person who sets up the business and takes the financial risks
Some of the greatest concerns when starting a business include securing adequate funding, developing a strong business plan, navigating legal and regulatory requirements, and building a customer base. It's important to conduct thorough market research and seek guidance from experienced entrepreneurs or mentors to help address these concerns effectively.
Some risks associated with starting a business is the concern for whether it will succeed, where will you get the money from and who will you hire. When you approach each problem separately, you can overcome the problems.
Business risks are more general than project risks. Business risks affect the whole business, while project risks may only affect the project. Note the "may" here, as business risks can (and usually are) risks to the project, but the opposite is not necessarily true.
One of the main risks of starting a new franchise is the legal restriction associated with buying the business. The legal restrictions are usually very strict and involve both federal and state laws that a person would need to comply with. Other risks are associated with fees, operating system and support.
Some of the most common risks when opening a new business are financial struggles and uncertain market conditions. Having financial plans before starting a new business can help reduce the risk.
safety. and taxes those are only two though. there are probably more though
What is the auditor's objective for understanding an entity's business risks?Why does an auditor not have responsibility to identify or assess all business risks?
what are some of the risks associated with owning your own business
i assume by non-financial risks, you mean business risks. Business risks refer to the kind of risks that could damage the performance of the business (IE, change of management, decreasing customer base, etc)
a. consumers b. government planners c. individual business people d combination of government planners and individual investors